The US Is In Recession According To These 7 Charts

"Most since Lehman" has become the new meme for macro-economic data in the US as day after day brings another lacklustre superlative to be dismissed with some excuse by the cognoscenti of sell-side economists...

Of course, that is aside from anything related to aggregate jobs that is spewed by the government's official ministries of truth... (do not look at this chart)

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So here are seven charts that scream "recession" is here...

Retail Sales are weak - extremely weak. Retail Sales have not dropped this much YoY outside of a recession...

And if Retail Sales are weak, then Wholesalers are seeing sales plunge at a pace not seen outside of recession...

Which means Factory Orders are collapsing at a pace only seen in recession...

And Durable Goods New Orders are negative YoY once again - strongly indicative of a recessionary environment...

Which is not going to improve anytime soon since inventories have not been this high relative to sales outside of a recession

In fact, the last time durable goods orders fell this much, The Fed launched QE3 - indicating clearly why they desperately want to raise rates imminently... in order to have some non-ZIRP/NIRP ammo when the next recession hits.

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And just in case you figured that if domestic prosperity won't goose the economy, Chinese and Japanese stimulus means the rest of the world will save us... nope!! Export growth is now negative... as seen in the last 2 recessions.

And deflationary pressures (Import Prices ex-fuel) are washing upon America's shores at a pace not seen outside of a recession...

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But apart from that, given that US equities are at record highs, everything must be great in the US economy...

Well said. Prices are now to be understood like the drawling of a drunk. The distortion in speech is caused precisely by toxic liquidity in the drunk's circulatory system. "Why don't you have another drink?" says the man buying the drinks. And when the drinker passes out completely in the alley, his pockets will be rifled and his body worked over for anything real to snatch.

No fuckin' shit the US is in recession/depression. The real story is that the Fed is all out of powder and powerless to pull the economy out of it. Print to fucking infinity and beyond Yellen, you asshole idiot lying sociopathic parasitic lackey for the devils minions. It will only prove what you really are.

The terms still have the same definition that they always have you just simply need to ignore the people that your are told to trust on the TV or take everything they say and apply the opposite meaning. To quote the infamous Willie Wonka, "Strike that and reverse it".

The just in time economy dies if we don't buy everything just as soon as it is produced.

Misallocation of resources has been redefined as a 'demand' deficit.

The truth is: the citizenry don't want to go into debt to buy junk they don't neeed from avaricious corporate vendors who practice wage/environmental arbitrages and lobby for subsidizations and bailouts paid by our own income taxes.

It's been papering over its recession for decades with fake bubbles, S&L, Tech & Housing bubbles and now a giant QE bubble. The last time the US wasn't in recession was 1944, which coincided with a major World War. Something it's been trying to start again for the last 25 years. Gotta love that engine for growth and relentless pursuit of profit.

The increase in the US national debt since 2009 probably exceeds nominal GDP growth since 2009. It's so blindingly obvious. The Ministry of Propaganda and all the Keynesian economists refuse to even consider it.

They can't consider it if they did and admited they are wrong than all of the models they have been using since 1913 would be exposed as one GIANT mistake, in short thier world would collapse and the whole fiat system with it. They will never admit the Keynesian economic theory is wrong for that very reason.

I want to say TPTB wanted to create Velocity, but turned out to be their Plan B which was transfer US Taxpayer Money to our Selected Corporate Winners.

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- Money multiplier
- Fiscal multipliers
- Keynesian and Hansen-Samuelson multipliers (But I have NO Idea what this is)

Velocity in the USA is shit no matter how you look at it (Stall Speed).

The Heart & Soul of the US Economy is Small Businesses. But we had a Deaths Cross in 2014 in Small Business Closings Exceeding Small Business Openings (See ZH). Even Banks show a steady, strong Decline in Numbers for the last 40 years.

Yeah. And it is fun to divide the Debt increase since 2008 by the number od jobs created since 2008. Particularly FULL time jobs - not the BS part time jobs that sell side doods get their rocks off on.

My last pay check was $9500 working 12 hours a week online. My sisters friend has been averaging 15k for months now and she works about 20 hours a week. I can't believe how easy it was once I tried it out. This is what I do... www.jobs-review.com